Federal Home Loan Bank Act

Business, Legal & Accounting Glossary

Definition: Federal Home Loan Bank Act


Federal Home Loan Bank Act


Full Definition of Federal Home Loan Bank Act


Legislation passed by the U.S. government in 1932 in response to the failure of the banking system. The Act was designed to assist individuals by creating a system that provided low cost funds to banks to use in mortgage and loan creation. It created the Federal Home Loan Bank system.


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Modern Language Association (MLA):
Federal Home Loan Bank Act. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 16, 2024 https://payrollheaven.com/define/federal-home-loan-bank-act/.
Chicago Manual of Style (CMS):
Federal Home Loan Bank Act. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/federal-home-loan-bank-act/ (accessed: April 16, 2024).
American Psychological Association (APA):
Federal Home Loan Bank Act. PayrollHeaven.com. Retrieved April 16, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/federal-home-loan-bank-act/

Definition Sources


Definitions for Federal Home Loan Bank Act are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.